U.S. and China: The world's high-tech industry pre-eminent powers. A comparative analysis of positions

2021 ◽  
Vol 19 (3) ◽  
pp. 400-428
Author(s):  
Irina A. RODIONOVA ◽  
Aleksandra A. UGRYUMOVA

Subject. This article deals with the issues related to industrialization and spatial realignment of forces in the world industry architecture at the regional and global levels. Objectives. The article aims to describe the processes in the modern manufacturing industry and show the growth of China's share in the global production and export of knowledge-intensive and high-tech industry products in comparison with the indicators of the United States, the previous world industry leader. Methods. For the study, we used a comparative analysis. Results. The article compares the changes in industrial development indicators of the United States and China since the beginning of the 21st century and defines the positions of these countries in the development of knowledge-intensive and high-tech goods and services. Conclusions. China came out on top in the world concerning the export of all groups of high-tech goods and services. It is also the leader in global production and exports of medium- and high-tech products. China is slightly inferior to the United States in the production of high-tech industry products with the most intensive use of engineering development.

Author(s):  
V. G. VARNAVSKIY

The article considers the USA role and place in the global  manufacturing and trade. Key aspects of the world economy  transformation in the context of globalization, internationalization  and liberalization are studied. As shows, USA and China are the two  largest economies in the world. United States is the world’s largest  economy by nominal GDP and second largest by purchasing power  parity (PPP). It holds a 15.4 percent share of global GDP in PPP  (2016). China is the world’s largest economy by PPP, accounting for  17.8 percent of global GDP. The USA share of world GDP declined by  a total of 3.8 percentage points between 2006 and 2016. At the  same time, the United States possesses great economic strength. It  is also the world leader in innovation. China’s success has mostly  been in lowerend innovation. This country has been less successful in  higher-end innovation, where USA currently maintain a lead. The  United States holds a leading position in aerospace, instrument  making, cloud computing, ICT, robotics-related technologies, nanomaterials, biopharmaceutical and other high-tech  industries and China significantly lags behind. Special attention is paid to the U.S. foreign trade. It is shown that the USA is one of  the world’s largest importer and exporter of goods and services. It  accounts for 10.5 percent of global goods and services exports in  2016 (second place after China) and 13.3 percent of global imports  (first place). Despite the world’s second place after China in some economic indexes such as gross domestic product (at PPP),   size of manufacturingand merchandise trade, USA ranks first in the  world in terms of quality indicators of economic development. It  remains the most powerful economy in the world. The author’s  conclusion is that, the loss of US world leadership in terms of output  indicators has not yet become a global problem for other countries  and world economy in the whole.


Author(s):  
V.A. Shumaev ◽  
N.A. Divueva ◽  
N.A. Lukasheva

The article summarizes the experience of the United States, Germany and Asian countries in creating and organizing the development and functioning of innovative systems, technology transfer, building a high-tech industry, which is advisable to use in Russia.


2019 ◽  
Vol 05 (03) ◽  
pp. 289-315
Author(s):  
Sanja Arežina

The beginning of the 21st century witnessed remarkable changes in the distribution of global power. The lack of strategic vision by the United States has resulted in a power crisis, which in turn accelerates the trends of new multipolarity with several power centers in the world. Since President Trump took office in January 2017, the United States has been challenging the established norms of international relations on many fronts and, in particular, shifting its policy toward China to one that trumpets geopolitical rivalry amid their economic interdependence. The ever increasing anxiety of the United States has undermined multilateralism and globalization, generating profound consequences and impacts on major-power relations around the world. In the future, Washington and Beijing must seek common goals that can bring them together to resolve disagreements and set boundaries for potential conflicts. The U.S. leadership should always keep in mind that China is an important partner; and if the two powers fail to cooperate, there will be devastating implications for the whole world. In the meantime, Washington and Beijing need to be aware that an acute conflict of any kind between two high-tech countries may substantially change the world for all.


2019 ◽  
Vol 3 (2) ◽  
pp. 95
Author(s):  
Sohaib Mukhtar ◽  
Zinatul Ashiqin Zainol ◽  
Sufian Jusoh

<em>Civil procedure of trademark enforcement runs in Pakistan under Trade Marks Ordinance 2001, Code of Civil Procedure 1908 and Specific Relief Act 1877. Trademark is one of the components of Intellectual Property Law, it is a mark, name, sign, smell or a sound which distinguishes goods and services of one undertaking from goods and services of other undertakings. It is required to be distinctiveness and non-descriptive, it losses its distinctiveness when owner of registered trademark does not take prompt action against its infringement. The registered trademark owner may file civil suit against infringement of his registered trademark before the concerned District Court of Law for claiming damages and obtaining injunctions. The Trademark Registry works under Intellectual Property Organization of Pakistan (IPO-Pakistan) for registration and protection of trademarks in Pakistan. Similarly, Intellectual Property Corporation of Malaysia (MyIPO) is empowered agency of trademark registration and its protection in Malaysia. The United States Patent and Trademark Office (USPTO) is responsible for registration and protection of trademarks in United States of America (USA). Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS Agreement) is the only International Treaty which contains exhaustive provisions on trademark enforcement includes civil procedure, administrative procedure, criminal procedure, provisional and border measures. Important civil procedure of trademark enforcement issues need to be clarified in trademark law of Pakistan includes trademark infringement, trademark dilution and rectification of trademark register. This article is comparative analysis of civil procedure of trademark enforcement in Pakistan, Malaysia and USA.</em>


2020 ◽  
Vol 36 (3) ◽  
pp. 647-655
Author(s):  
Erich H. Strassner ◽  
Jessica R. Nicholson

The United States’ Bureau of Economic Analysis (BEA) has recently published statistics exploring the size and growth of the digital economy in response to the interests of the data user community and the international statistical community. BEA independently developed preliminary digital economy statistics but has relied on consultation with other statistical organizations and participation in numerous international working groups aimed at advancing coordinated and internationally comparable digital economy measurement. This report describes BEA’s digital economy measurement efforts to date including initial work towards a digital economy satellite account and related research on quantifying the value of “free” digital media the treatment and measurement of data. This report also discusses BEA’s efforts to improve price measures for high-tech goods and services, notably internet and wireless services, cloud services, and ride-hailing services. Lastly, the report provides an overview of BEA’s measurement work related to digital services international trade.


2020 ◽  
Vol 214 ◽  
pp. 02013
Author(s):  
Yonghui CAO ◽  
He JIANG

The World Bank publishes the business environment report every year, ranking the business environment of 190 economies in the world. This paper mainly compares and analyzes the relevant indicators of marketization, legalization and internationalization between China and New Zealand, Singapore, the United States, and points out the existing problems and future improvement measures, so as to provide reference for further improving the competitiveness of business environment in China.


2021 ◽  
Vol 16 (2) ◽  
pp. 86-97
Author(s):  
A. M. Myrzakhmetova ◽  
A. E. Mukhametzhan

Вusinesses are the backbone of the national economy and play an important role for the effective functioning of the economy of any country in the world. The authors studied the experience of the United States and China, in which small and medium-sized businesses have been successfully developing for a long time, both during periods of economic growth and during periods of economic recession.The purpose of the article is to study the features and conduct a comparative analysis of the organization of entrepreneurial activity in the United States and China, and, based on the experience of these countries, develop proposals for the effective development of entrepreneurship in Kazakhstan. The authors analyzed the dynamics and factors of the development of small and medium-sized businesses, the advantages and disadvantages of entrepreneurial activity in the United States and China, and identified the impact of the COVID-19 pandemic on entrepreneurial activity in these countries and in Kazakhstan. In the course of the study, various methods of scientific knowledge were used: data collection and processing, economic, comparative and statistical analysis, generalization, synthesis, induction, deduction. We collected and processed fresh quantitative data on the state and dynamics of the development of small and medium-sized enterprises in the United States and China in the period from 2011 to 2021.Small and medium business is an integral and important part of the economic development of all countries of the world, the experience of countries such as the United States and China can be useful and interesting for the Kazakh economy. Entrepreneurship performs a number of important socio-economic functions for the country: providing employment, creating a competitive environment, supporting and introducing innovations, reducing social inequality, attracting natural, human, material and technical resources into the production and commercial process, stimulating economic growth and improving the well-being of people.The authors, based on a study of the experience of entrepreneurial activities of two large leading countries of the world economy, have developed proposals that will contribute to the development of small and medium-sized businesses in the Republic of Kazakhstan.


Author(s):  
Cristina I. Font-Julian ◽  
Raúl Compés-López ◽  
Enrique Orduna-Malea

The aim of this work is to determine to what extent Robert Parker has lost his influence as a prescriber in the world of wine through a webometric analysis based on a comparative analysis of Parker’s web influence and that of a competitor who represents an anthitetical vision of the world of wine (Alice Feiring). To do this, we carried out a comparative analysis for Parker’s (@wine_advocate) and Alice Feiring’s (@alicefeiring) official Twitter accounts, including a broad set of metrics (productivity, age, Social Activity, number of followees, etc.), paying special attention to specific followers’ features (age, gender, location, and bios text). The results show that Parker’s twitter profile exhibits an overall higher impact, which denotes not only a different online strategy but also a high level of engagement and popularity. The low level of shared followers by Parker and Feiring (1,898 users) offer prima facie evidence of an online gap between these followers, which can indicate the existence of a divided group of supporters corresponding with the visions that Parker and Feiring represent. Finally, special features are notice for Feiring in gender (more women followers), language (more English-speaking followers) and country (more followers from the United States).


2020 ◽  
Vol 4 (2) ◽  
pp. 96-112
Author(s):  
Eddie Boucher

India and the United States are the largest democracies in the world, and since the 1990s, both countries have implemented neoliberal economic reforms into most of their social institutions—including their education systems. Even though both countries have long-established commitments to public education as a means for socio-economic equitability for all citizens, in the wake of neoliberal reforms both countries have made significant moves to privatize education. The justification for school privatization was based on policies that redefined democracy in economic terms, and the result is a very undemocratic marginalization for the majority of students who do not have the means to participate in school choice. This article explored these issues by analyzing governmental student enrollment data, funding schemes, and media reporting on school-choice initiatives.


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